Are you an investor exploring alternative
real estate investment opportunities in Asia?
The recent changes in Singapore’s property tax regulations may prompt you to look elsewhere
for promising investments.
As a Japanese real estate agent specializing in assisting foreign investors,
I’m here to help you navigate this changing landscape and
discover the potential of Japan’s real estate market.
Contemplating Purchasing
Akiya and Turning It into a Hotel?
Uncover the Legal Considerations
for Change of Use
If you’re mulling over the idea of buying an Akiya (unused house) in Japan
and converting it into a hotel, it’s crucial to familiarize yourself
with the legal considerations involved in modifying the property’s purpose.
In this blog post, we’ll highlight the primary aspects you need to
keep in mind before diving into this thrilling endeavor.
Stay up-to-date and optimize your investment by following our business
blog for more news and valuable insights.
Will permanent residency be
given to foreign workers?
As a real estate agent in Japan targeting foreign investors,
it’s important to keep up-to-date on the latest changes to immigration policy.
On April 24th, the Japanese government proposed a significant expansion of
the “Specified Skilled Worker 2” residency status, which allows skilled foreign workers to work in Japan.
If approved, this would allow for unlimited employment of foreign workers in 12 sectors facing labor shortages.
Tax implications: When a non-resident sells
or rents out real estate in Japan
OLYMPUS DIGITAL CAMERA
(Case study)
In Japan, taxes are levied on residents (referred to as “residents”) regardless of nationality.
In this case, the income subject to taxation includes not only income generated within Japan
but also income from around the world.
Will Real Estate Prices Really Decline Long-term in Japan?
Based on the following four points, we will explore this issue.
In conclusion, while it is unclear what the long-term trend of real estate prices in Japan
as a whole will be, we can conclude that real estate prices in rural areas are likely to decline.
The relationship between population decline
and real estate prices In Japan
The population is declining, which is a contributing factor to falling real estate prices.
In particular, the decrease in population in rural areas is significant,
and it is expected that real estate prices will decline as demand decreases.
Discovering Lucrative Opportunities in Japanese Real Estate
for High-Net-Worth Investors
Introduction:
Japan has long been an attractive destination for high-net-worth individuals
who appreciate its rich culture, modern cities, and stunning landscapes.
As the yen continues to depreciate and real estate prices remain relatively low compared to other global cities,
now is the perfect time for investors with a net worth of 1-2 million
US dollars to explore opportunities in the Japanese property market.
Prime Locations:
While Tokyo is the most popular choice for foreign investors,
other metropolitan areas such as Osaka and Nagoya also offer attractive investment prospects.
For those interested in resort properties, Hokkaido and Okinawa are becoming increasingly popular choices.
Example Properties in Tokyo:
Minato-ku, Tokyo: A luxurious 2-bedroom apartment in the upscale Minato-ku district offers
investors a taste of cosmopolitan living. With a price tag of around $1 million,
the apartment offers a potential rental yield of 4-5%.
Shibuya-ku, Tokyo: A modern one-bedroom apartment in the vibrant Shibuya-ku area offers
a more affordable investment option at around $500,000.
The potential rental yield for this property is approximately 3-4%.
“Revitalizing Shinjuku:
The Spectacular Launch of
Tokyu Kabukicho Tower’s
Entertainment Wonderland”
Tokyu Kabukicho Tower, the latest colossal entertainment complex
located in the heart of Tokyo’s bustling Shinjuku district,
celebrated its grand opening on April 14th with a ribbon-cutting ceremony.
The state-of-the-art complex boasts a total of 48 above-ground and five underground floors,
reaching a staggering height of approximately 225 meters.
The tower is a symbol of modern luxury, offering guests an array of exceptional facilities,
including the lavish BELLUSTAR TOKYO Hotel, the contemporary HOTEL GROOVE SHINJUKU,
the captivating THEATER MILANO-Za, the premium 109 Cinemas Shinjuku,
and the vibrant live hall, Zepp Shinjuku (TOKYO). In addition to these core offerings,
the complex provides an extensive selection of dining options,
amusement experiences, and thrilling attractions.
Tokyo Metropolitan Area Housing Prices Rise for 11 Consecutive Quarters
Nomura Real Estate Solutions Co., Ltd. announced the results of its
“Housing Price Trends” survey for the Tokyo metropolitan area as of April 1, 2023, on April 6.
The fixed-point survey is conducted quarterly, with 169 survey points.
The average rate of change for the first quarter of 2023 in the Tokyo metropolitan area
housing prices was 0.7% (the same as the previous survey),
marking an increase for the 11th consecutive quarter.
The percentage of “price increase” points rose to 31.4% (from 30.8%),
“stable” points decreased to 65.7% (from 66.9%), and “price decrease” points increased to 3.0% (from 2.5%).
By area, all regions experienced an increase for the 11th consecutive quarter.
Tokyo’s 23 wards increased by 1.1% (from 1.3%), Tama area of Tokyo increased by 0.9% (from 0.5%),
Kanagawa increased by 0.5% (from 0.3%), Saitama increased by 0.6% (from 0.5%), and Chiba increased by 0.5% (from 0.7%).
Here is the latest testimonials by Israeli investor
Mr. Zamir is CEO of a jewelry company in Tokyo. He is a designer and his wife works with him.
The couple is looking for an investment property in Tokyo (most probably condo unit) for their retirement investment.
We offered them the consulting service.
We wish them a good luck.
A relaxing, open plan space where each person can find their own way to chill out ?
Why don’t you try Niigata ?
Niigata prefecture is renowned for beautiful mountains and skiing resorts.
In addition, since Niigata is a major production center for high quality rice, Niigata boasts many Japanese sake brands.
If you take Niigata shinkansen(bullet train) from Tokyo station, it takes only 80 mins to Echigo-yuzawa station.
From Echigo-yuzawa station, you can reach a number of delightful skiing resorts within one hour.